Excerpt from Money and the Monetary System Barter has very Obvious economic limita tions. Consider, for instance, the plight Of the shoemaker under such a system. He can have meat for his dinner only when he can find a butcher who will exchange meat directly for shoes. If he needs pins, he can buy them only in lots Of thousands, because he cannot subdivide a pair Of shoes. He cannot readily produce his goods in quantity, because the more he produces the larger will be his mar keting problems. In fact, a man can scarcely ...
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Excerpt from Money and the Monetary System Barter has very Obvious economic limita tions. Consider, for instance, the plight Of the shoemaker under such a system. He can have meat for his dinner only when he can find a butcher who will exchange meat directly for shoes. If he needs pins, he can buy them only in lots Of thousands, because he cannot subdivide a pair Of shoes. He cannot readily produce his goods in quantity, because the more he produces the larger will be his mar keting problems. In fact, a man can scarcely become exclusively a shoemaker in a com munity which makes no use of money, nor can there be any other sort Of specialist. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
